Donegal is among several counties that are set to benefit from property tax from Dublin and Cork homeowners, it has emerged. 

Unpublished Department of Housing figures show more than €40m of the €202m property tax expected to be raised in Dublin next year will be used to build houses and roads in other counties, according to the Irish Independent. 

Advertisement

Meanwhile, €10m of the €52m raised from Cork property owners will also be handed over to a centralised Government fund and dispersed to rural local authorities struggling to balance their budgets.

Cork and Dublin homeowners will account for more than half of the €488m collected next year, according to the Department’s local property tax allocation figures.

The allocation figures show local authorities in Donegal (€16m), Tipperary (€16m), Mayo (€11m), Waterford (€11m) and Monaghan (€8m) will be the biggest benefactors of property tax raised in other counties.

The average property tax paid in Dublin next year will be €540 a year, and this increases to a massive €620 for homeowners living in the Dún Laoghaire-Rathdown area.

In Dublin city, the average property tax will be €350, in South Dublin it will be €323 and in Dublin Fingal it will be €369.

Advertisement

This compares with Donegal homeowners, who will on average pay just €152 a year.

The average in Longford will be €124, Leitrim €132, Cavan €145 and Carlow €174.

The averages were calculated using the Revenue Commissioner’s most recent figures for the number of homeowners who are due to pay property tax this year.

[mashshare]

LEAVE A COMMENT

error: Content is protected